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$306,000

  • Sold
  • Closed
  • Apartment
  • 3 Beds
  • 2 Full Baths
  • 1,918 Sq. Ft.
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9.78% CAP RATE | 8.42 GRM. Secure immediate, high-yield cash flow with this fully stabilized, turnkey duplex designed for a great buy-and-hold investor. Featuring a 2BR/1BA and a 1BR/1BA unit, this asset is occupied by long-term tenants at current market rates, ensuring a seamless ownership transfer. Engineered for a low-CAPEX decade, the property has undergone a comprehensive renovation including a newly replaced roof, new windows, all-new appliances, new flooring, and professional interior/exterior paint. Operational efficiency is maximized via a management-light, all-electric configuration with fully separated meters, insulating the owner from utility overhead. Positioned in a high-density urban corridor, the asset includes the rare competitive advantage of dedicated on-site parking, driving long-term tenant retention and appreciation. This is a clinical, high-performance addition to any portfolio, offering superior yield with zero deferred maintenance! ¡Se Habla Español! Please do not disturb tenants!

Full Property Details for 240 E Hamilton St

General

  • Sold For: $306,000
  • Taxes: $3,034
  • Status: Closed
  • Type: Apartment
  • Source: Lehigh_Valley
  • MLS ID: 775224
  • Added to Site: 133 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Parking

  • Total Spaces: 4
  • Parking Features: Off Street, Parking Pad

Location

  • Area: Allentown-East
  • County: Lehigh
  • Subdivision: Not in Development
  • Cross Streets: S Brook st
  • Driving Directions: Head US-22 E, take the Fullerton Ave Exit, Turn right onto Fullerton Ave, Turn left on Jordan Dr, Turn left onto E Hamilton st Bridge & continue for about a mile, Property will be on your right on the corner of E Hamilton st and S Brook st.

School Information

  • Elem School District: Allentown
  • Midd School District: Allentown
  • High School District: Allentown

Community

  • Home Owners Assn.: Lehigh Valley MLS

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Baseboard, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Brick
  • Stories/Levels: 3
  • Square Feet: 1,918
  • Living Area: 1,918 Sq. Ft.
  • Year Built: 1915

Lot Features

  • Lot Size (Acres): 0.044
  • Lot Size (Sq. Ft.): 1,934
  • Lot Size Source: Public Records
  • Zoning: B-3-Highway Business

Financial Considerations

  • Operating Expenses: $6,105
  • Tax Amount: $3,034.93

Disclosures and Reports

  • Property ID: 640772171251-001

Listed by Light House Realty LV LLC
Sold by Howard Hanna TheFrederickGroup

Listing agent

— 240 E Hamilton St —

  • Light House Realty LV LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 240 E Hamilton St

School District:Allentown City School District
NameGradesDistance
Mosser El School
129 South Dauphin Street, Allentown, PA 18109
PK-50.2 mi
Harrison-Morton Middle School
137 North 2nd Street, Allentown, PA 18101
6-80.6 mi
Louis E Dieruff High School
815 North Irving Street, Allentown, PA 18109
9-121.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 240 E Hamilton St

Date
Details
Price
Change
Source
6/23/2026
Sold
$306,000
5.55%
MLS
4/17/2026
Listed
$289,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Light House Realty LV LLC
Sold by Howard Hanna TheFrederickGroup

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240 E Hamilton Street, Allentown City, PA 18109 (MLS# 775224) is a Apartment property that was sold at $306,000 on June 23, 2026. Want to learn more about 240 E Hamilton Street? Do you have questions about finding other Apartment real estate for sale in Allentown City? You can browse all Allentown City real estate or contact a Coldwell Banker agent to request more information.